Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-3112024-01-01falseNo description of principal activity1falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10502039 2024-01-01 2024-12-31 10502039 2023-01-01 2023-12-31 10502039 2024-12-31 10502039 2023-12-31 10502039 c:Director1 2024-01-01 2024-12-31 10502039 d:FreeholdInvestmentProperty 2024-12-31 10502039 d:FreeholdInvestmentProperty 2023-12-31 10502039 d:CurrentFinancialInstruments 2024-12-31 10502039 d:CurrentFinancialInstruments 2023-12-31 10502039 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 10502039 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 10502039 d:ShareCapital 2024-12-31 10502039 d:ShareCapital 2023-12-31 10502039 d:RetainedEarningsAccumulatedLosses 2024-12-31 10502039 d:RetainedEarningsAccumulatedLosses 2023-12-31 10502039 c:OrdinaryShareClass1 2024-01-01 2024-12-31 10502039 c:OrdinaryShareClass1 2024-12-31 10502039 c:OrdinaryShareClass1 2023-12-31 10502039 c:OrdinaryShareClass2 2024-01-01 2024-12-31 10502039 c:OrdinaryShareClass2 2024-12-31 10502039 c:OrdinaryShareClass2 2023-12-31 10502039 c:OrdinaryShareClass3 2024-01-01 2024-12-31 10502039 c:OrdinaryShareClass3 2024-12-31 10502039 c:OrdinaryShareClass3 2023-12-31 10502039 c:FRS102 2024-01-01 2024-12-31 10502039 c:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 10502039 c:FullAccounts 2024-01-01 2024-12-31 10502039 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 10502039









DMG INVESTMENTS (UK NO.1) LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024
 
DMG INVESTMENTS (UK NO.1) LIMITED
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF DMG INVESTMENTS (UK NO.1) LIMITED
FOR THE YEAR ENDED 31 DECEMBER 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of DMG Investments (UK No.1) Limited for the year ended 31 December 2024 which comprise the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the director of DMG Investments (UK No.1) Limited in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of DMG Investments (UK No.1) Limited  and state those matters that we have agreed to state to the director of DMG Investments (UK No.1) Limited in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than DMG Investments (UK No.1) Limited and its director for our work or for this report. 

It is your duty to ensure that DMG Investments (UK No.1) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of DMG Investments (UK No.1) Limited. You consider that DMG Investments (UK No.1) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of DMG Investments (UK No.1) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



Barnes Roffe Advisory Limited
Chartered Accountants
Leytonstone House
3 Hanbury Drive
London
E11 1GA
9 September 2025
Page 1
 
DMG INVESTMENTS (UK NO.1) LIMITED
REGISTERED NUMBER: 10502039

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
 4 
426,103
426,103

Current assets
  

Cash at bank and in hand
 5 
3,354
2,276

  
3,354
2,276

Creditors: amounts falling due within one year
 6 
(380,788)
(389,434)

Net current liabilities
  
 
 
(377,434)
 
 
(387,158)

  

Net assets
  
48,669
38,945


Capital and reserves
  

Called up share capital 
  
1,100
1,100

Profit and loss account
  
47,569
37,845

  
48,669
38,945


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.
 
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DMG INVESTMENTS (UK NO.1) LIMITED
REGISTERED NUMBER: 10502039
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024


The financial statements were approved and authorised for issue by the board and were signed on its behalf on 18 August 2025.




D J Godden
Director

The notes on pages 4 to 6 form part of these financial statements.

Page 3
 
DMG INVESTMENTS (UK NO.1) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

DMG Investments (UK No.1) Limited ("the Company") is a Company Limited by shares, incorporated in England and Wales. It's registered office is 3 Blackwall Trading Estate, Lanrick Road, London, United Kingdom, E14 0JP.
The principal activity of the company is that of a property investment company

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

  
2.2

Revenue

Revenue is measured at the fair value of consideration received or receivable and represents the amount receivable for services rendered, net of returns, discounts and rebates allowed by the Company and value added taxes.
The Company’s source of revenue is from rental income from investment properties. Revenue is recognised in the accounting period in which the services are rendered.

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.4

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

  
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. 

  
2.6

Creditors

Short-term creditors are measured at the transaction price. 

Page 4
 
DMG INVESTMENTS (UK NO.1) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

  
2.7

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

  
2.8

Share capital

Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds

  
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Investment property


Freehold investment property

£



Valuation


At 1 January 2024
426,103



At 31 December 2024
426,103









5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
3,354
2,276


Page 5
 
DMG INVESTMENTS (UK NO.1) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
1,020
-

Amounts owed to group undertakings
375,900
385,900

Corporation tax
2,868
2,534

Accruals and deferred income
1,000
1,000

380,788
389,434



7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1.00 each
100
100
500 (2023 - 500) Ordinary B shares of £1.00 each
500
500
500 (2023 - 500) Ordinary C shares of £1.00 each
500
500

1,100

1,100

Ordinary shares have full rights with respect to voting. These shares have no rights to dividends or distributions.
Ordinary B and C shares have full rights with respect to dividends and distributions. These shares have no voting rights.



8.


Related party transactions

At the year end the company owed its parent undertaking £375,900 (2023 - £385,900).


9.


Controlling party

The ultimate parent entity is DMG Investments Group Limited. The accounts of DMG Investments Group Limited can be obtained from the Registrar of Companies at Companies House, Crown Way, Cardiff, CF14 3UZ.

 
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